NEIL MARTIN - 20 Nov 2024 Form 4 Insider Report for QUALCOMM INC/DE (QCOM)

Signature
By: Jon Russo, Attorney-in-Fact For: Neil A. Martin
Issuer symbol
QCOM
Transactions as of
20 Nov 2024
Net transactions value
-$351,916
Form type
4
Filing time
21 Nov 2024, 17:36:20 UTC
Previous filing
04 Nov 2024
Next filing
21 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction QCOM Common Stock Options Exercise $0 +1,086 +1155% $0.000000 1,180 20 Nov 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +637 +54% $0.000000 1,817 20 Nov 2024 Direct
transaction QCOM Common Stock Options Exercise $0 +552 +30% $0.000000 2,369 20 Nov 2024 Direct
transaction QCOM Common Stock Tax liability $149,796 -971 -41% $154.27 1,398 20 Nov 2024 Direct
transaction QCOM Common Stock Sale $202,120 -1,304 -93% $155.00 94 21 Nov 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction QCOM Restricted Stock Unit Options Exercise $0 -1,087 -100% $0.000000 0 20 Nov 2024 Common Stock 1,087 Direct F2, F3
transaction QCOM Restricted Stock Unit Options Exercise $0 -638 -20% $0.000000 2,549 20 Nov 2024 Common Stock 638 Direct F2, F4
transaction QCOM Restricted Stock Unit Options Exercise $0 -552 -11% $0.000000 4,420 20 Nov 2024 Common Stock 552 Direct F2, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was made pursuant to a Rule 10b5-1 trading plan adopted on June 6, 2024.
F2 Each Restricted Stock Unit is the economic equivalent of one share of Qualcomm common stock and converts on a one-for-one basis.
F3 The Restricted Stock Units (and allocable dividend equivalents) vested one-third on November 20, 2022, and the remaining balance vested semi-annually thereafter.
F4 The Restricted Stock Units (and allocable dividend equivalents) vest one-third on November 20, 2023, and the remaining balance vests quarterly thereafter.
F5 The Restricted Stock Units (and allocable dividend equivalents) vest in equal quarterly amounts beginning on February 20, 2024 and ending on November 20, 2026.